76553 results returned for search: "" category "Business"
The cost of reinsurance premiums will likely rise between 30 and 300 percent this renewal season, according to the UK risk managers association (AIRMC).
Speaking to analysts during an investment conference call organised by Merrill Lynch last week, H...
DATE: Jan 08, 2002
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Bermuda-based W.P. Stewart & Co., Ltd. yesterday announced a regular quarterly dividend of 30 cents per common share. The dividend is payable on January 31 to shareholders of record as of January 18.
W.P. Stewart & Co., Ltd. is an asset management co...
DATE: Jan 08, 2002
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A local technology company - Fort Knox - got put to the test over the Christmas holiday when a Hamilton office flooded on Boxing Day.
The company, which offers disaster recovery services, came to the aid of First Atlantic Commerce (FAC) when their gr...
DATE: Jan 08, 2002
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Belco Holdings president Garry Madeiros said the company anticipates "good" fourth quarter results, but reiterated warnings the company is also preparing for the possibility that the Island could face "severe economic recession" in the coming year.
M...
DATE: Jan 08, 2002
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Bermuda is about to take a huge step towards prominence in the world insurance market with the advent of the seven new insurance companies that have set up on the Island, according to Ken LeStrange, chief executive officer of Endurance Specialty Insu...
DATE: Jan 07, 2002
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One of the new wave of insurance companies on the Island, Endurance Specialty Insurance, has made a commitment to hire as many Bermudians as possible and help develop their potential.
The company, which was set up in the wake of the capital drain aro...
DATE: Jan 07, 2002
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Bank of Bermuda overall lost 75 cents last week and helped push the Royal Gazette/Bermuda Stock Exchange index down by more than 0.6 percent during a busy period of trading in which more than $4 million worth of shares changed hands.
The large volume...
DATE: Jan 07, 2002
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Happy New Year everyone!
I'm sure the insurance industry is happy to see the back of 2001. 2001 - the year that will go down in history as the most redefining time for the insurance industry. The worst loss ever suffered by the industry through the t...
DATE: Jan 07, 2002
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XL Capital announced on Friday that it plans to sell up to $500 million of senior notes due 2012 through XL Capital Finance (Europe) plc., a wholly owned subsidiary of XL. These will be sold pursuant to XL's current effective shelf registration state...
DATE: Jan 07, 2002
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Retailers yesterday reported that the Christmas period had been busy, but soft sales are expected through the next few months.
Chamber of Commerce president Charles Gosling said: "From talking to retailers, while it seemed December started out slowly...
DATE: Jan 04, 2002
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